Standard Deduction 2024 Married Jointly

Standard Deduction 2024 Married Jointly. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.

[* section 103(a) of the jobs and growth tax relief reconciliation act of 2003 (p.l. 2023 tax rates for other filers.